Prospect QLD Property Investment

Banana · 4715

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Median House Price

N/A

Rental Yield

N/A

Vacancy Rate

N/A

Median Weekly Rent

N/A

Median Unit Price

N/A

Population (Census 2021)

289

Prospect Short-Term Rental Market

Short-stay estimate: run a brief

Past price growth

Median house sale price growth, Banana Shire council area (the whole council area, not just Prospect): 13.0% a year, Mar qtr 2021 to Mar qtr 2026. Source: Queensland Government Statistician's Office, Residential land development indicators (as at 9 October 2026), derived from DNRMMRRD QVAS. © The State of Queensland (Queensland Treasury) 2026, CC BY 4.0. Growth calculated by Estait. Past growth doesn't predict future prices.

New dwellings approved

New dwellings approved, Banana council area, 12 months to Aug 2026: 17. Source: ABS Building Approvals, Australia (cat. 8731.0). This is the whole council area, not just Prospect.

Suburb Metric Thresholds

0 green4 yellow2 red

Population growth 2016–21, postcode 4715 (ABS Census)

-0.17 high impact

Median Household Income

1908 medium impact

Public Transport Score

No data medium impact

School Zone Quality

5.7 medium impact

Distance to CBD

425.97 medium impact

SEIFA Advantage/Disadvantage

4 medium impact

Owner Occupier Rate

60.4 medium impact

Macro Environment

Macro Indicators

Cash Rate

4.85%

▲ 0.25%

Cash rate 4.85% as at 2026-11-04 (effective date) · Source: RBA cash rate target · Credit data 2026-08

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 4715

Most disadvantagedLeast disadvantaged

Decile 5 of 10 — Average

Population (suburb)

289

Education (IEO)

2/10

Econ. Resources (IER)

5/10

Schools

In your catchment

Prospect Creek SS

PrimaryGovernment

5.7/10

Biloela SHS

SecondaryGovernment

5.1/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.

Nearby Suburbs

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.